1. Go to http://en.wikipedia.org/wiki/Main_Page and hit random. It's on the left. The first random Wikipedia article you get is the name of your band.
2. Go to http://quotationspage.com/ and hit random. Also on the left. The last four or five words of the very last quote of the page is the title of your first album.
3. Go to http://www.flickr.com/ and click on “explore the last seven days”. [Top middle section] Third picture (no matter what it is) will be your album cover.
4. Use Photoshop or similar (http://www.picnik.com/ is a free online photo editor) to put it all together.
This is what I got: